Question
Consider a 3.50% TIPS with an issue CPI reference of 188.10. At the beginning of this year, the CPI was 198.90 and was at 205.20
Consider a 3.50% TIPS with an issue CPI reference of 188.10. At the beginning of this year, the CPI was 198.90 and was at 205.20 at the end of the year. What was the capital gain of the TIPS in dollars? (Round your answer to 2 decimal places.)
Possible Answers:
$6.30
$33.49
$10.80
$17.10
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Money Locates You
Authors: Joan Ekobena
1st Edition
1774821257, 978-1774821251
